Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of Endava plc ADR (NYSE: DAVA) was $26.02 for the day, down -8.06% from the previous closing price of $28.30. In other words, the price has decreased by -$8.06 from its previous closing price. On the day, 1.03 million shares were traded.
Ratios:
Our analysis of DAVA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on November 22, 2024, initiated with a Neutral rating and assigned the stock a target price of $29.
On May 24, 2024, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $33.10.
HSBC Securities Upgraded its Hold to Buy on May 01, 2024, while the target price for the stock was maintained at $45.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 24 ’24 when Druskin Ben bought 215 shares for $31.02 per share.
Butcher Patrick bought 145 shares of DAVA for $4,497 on Dec 31 ’24. On Dec 31 ’24, another insider, Hollister Kathryn A, who serves as the Director of the company, bought 140 shares for $31.01 each.
Valuation Measures:
As of this moment, Endava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 219.02, and their Forward P/E ratio for the next fiscal year is 13.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 1.83.
Stock Price History:
Over the past 52 weeks, DAVA has reached a high of $68.58, while it has fallen to a 52-week low of $23.28. The 50-Day Moving Average of the stock is -17.35%, while the 200-Day Moving Average is calculated to be -10.83%.
Shares Statistics:
A total of 44.50M shares are outstanding, with a floating share count of 44.35M. Insiders hold about 0.34% of the company’s shares, while institutions hold 79.76% stake in the company.
